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International Edition

Jones Day hires City partner as construction practice head

Jones Day has made its second lateral hire in as many weeks, bringing in a partner from Dundas & Wilson's London office to head its construction practice. Hamish Lal will join the US firm at the beginning of October, bringing with him a practice encompassing both contentious and non-contentious advice covering real estate, utilities, engineering, nuclear and project finance matters. His clients include a number of construction and nuclear energy companies.
2 minute read

International Edition

Linklaters reappoints White as global projects chief for new term

Linklaters has reappointed Bruce White as the firm's global head of projects for a second four-year term. White, who has been a partner at the magic circle firm since 1995, was first appointed as projects chief in 2005, replacing Alan Black, who had spent 12 years in the role. Since then the practice has grown to a total of 150 lawyers, and this year topped the global projects rankings at the half-year point, according to research from Infrastructure Journal.
2 minute read

International Edition

Burges Salmon set to cut up to 31 jobs and freeze salaries

Burges Salmon is set to launch its second redundancy consultation this year, with 31 jobs under threat. The firm announced today (24 August) that up to 27 support roles could go following a business services staffing review which began in March. In addition, the firm is also consulting on four fee earner roles in its property practice as a result of the ongoing market slowdown. Both redundancy consultations will formally commence next week.
2 minute read

International Edition

Mishcons finalises redundancy consultation with 16 staff laid off

Mishcon de Reya has completed its second redundancy consultation with 16 people losing their jobs. The consultation, which concluded in July, has seen eight support staff lose their jobs alongside eight fee earners in the firm's corporate and real estate groups. No salaried partners were affected by the redundancies.
2 minute read

International Edition

Linklaters real estate partner quits Berlin office

Linklaters is set to lose a partner in Germany as Berlin-based real estate partner Jens Bock quits to join a local firm. Bock is leaving the magic circle firm to join Clifford Chance (CC) spin-off Sammler Usinger, along with M&A counsel Thomas Rieger. The duo will both join Sammler as partners, with Bock making the move on 1 September and Rieger on 1 November.
2 minute read

International Edition

Bevan Brittan boosts partner profits by 35% as revenue remains static

Bevan Brittan has seen profits per equity partner (PEP) increase by 35%, the firm announced today (16 July). PEP for 2008-09 stood at £222,000 compared with £164,000 in 2007-08, with the increase coming against a marginal dip in turnover to £41.1m compared to £41.6m the previous year. Overall profits increased by 56% to £8.6m.
2 minute read

International Edition

Career Clinic: Do big firms really care about staff development?

"I'm six months qualified, but have more than the usual amount of experience in my chosen area of law. I gained paralegal experience in the public sector, trained at a small firm and then joined an international firm as an NQ. I thought things were going really well - I'd been praised by clients and the partners in my department and had made all my targets. I was even going to extra seminars, helping out with CSR and networking.
2 minute read

International Edition

Linklaters tops global projects rankings but market plunges in first half of 2009

Linklaters has edged ahead of magic circle rivals Allen & Overy (A&O) and Clifford Chance (CC) to top the global project finance rankings by market share for the first half of 2009. New research from Infrastructure Journal (IJ) shows that the firm leads the global rankings by value for the first six months of this year after scoring roles on 15 deals worth $7.623bn (£4.7bn). The tally gives the firm a market share of just over 5% - marginally ahead of CC.
4 minute read

International Edition

Nabarro in second redundancy round as profits fall

Nabarro has reported a 9.7% drop in revenue for the 2008-09 financial year while profits per equity partner (PEP) have fallen by 35%. Unaudited figures from the firm show that revenue for the last financial year stood at £126.5m, down from last year's equivalent figure of £140.1m. PEP fell to £375,000, down from last year's equivalent figure of £574,000.
2 minute read

International Edition

GE appoints CC and Ashurst to Europe adviser roster

General Electric (GE) has finalised its European non-M&A legal panel, with a clutch of UK firms winning roles, including Clifford Chance and Ashurst. DLA Piper, Weil Gotshal & Manges and Baker & McKenzie are also among the firms appointed to GE's 80-firm roster.
2 minute read

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